Bought with Keller Williams Realty
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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Listing Status Sold
Square Footage 2,469 sqft
MLS Listing ID 1601679
Sold Date 10/22/24
Style Multi-Level
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,469
Originating Board Maine Listings
Year Built 1899
Annual Tax Amount $11,832
Tax Year 2023
Lot Size 6,969 Sqft
Acres 0.16
Property Description
This Munjoy Hill 3-unit with water views sits on a large corner lot with additional development potential. The first two floors are currently vacant allowing for immediate occupancy or renovation. Owner occupants may consider renovation options to bring the historical small bedrooms and baths up to modern layouts to match the level of the property's spectacular location. The expansive yard has been used for gardening, hosting seasonal holiday parties, and simply as a quiet outdoor area. Developers will see the land for its expansion potential - the lot appears to allow for up to 10 units per the density of the R6 zoning. Notes: 1) Units can be combined. 2) Portland's rent control price restrictions do not apply to owner occupied 2-4 unit properties.
Location
State ME
County Cumberland
Zoning R6
Body of Water Casco Bay
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Heating Hot Water, Baseboard
Cooling None
Flooring Wood, Tile
Laundry Washer Hookup
Exterior
Garage 1 - 4 Spaces, Gravel
Waterfront No
Waterfront Description Bay,Ocean
View Y/N No
Roof Type Shingle
Street Surface Paved
Parking Type 1 - 4 Spaces, Gravel
Garage No
Building
Lot Description Level, Open Lot, Sidewalks, Intown, Near Turnpike/Interstate, Near Town
Sewer Public Sewer
Water Public
Architectural Style Multi-Level
Structure Type Vinyl Siding,Wood Frame
Others
Energy Description Gas Natural
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327